Apple Scores With Cheaper Lines

Profit Surges on Hot Sales
Of New iPods, Mac Minis,
As Revenue Jumps by 70%

By

Nick Wingfield Staff Reporter of THE WALL STREET JOURNAL

Updated April 14, 2005 12:01 a.m. ET

Apple Computer Inc., showing strong results from new lower-priced iPod music players and Macintosh computers, reported a more than sixfold increase in fiscal second-quarter profit as revenue rose 70%.

The Cupertino, Calif., company said net income for the three months ended March 26 totaled $290 million, or 34 cents a share, compared with $46 million, or six cents a share, in the year-earlier period.